Beneath the flashy facade of MyStake and the illusory persona of Andres Markou lies a secretive network orchestrated by the company Santeda. Investigations suggest that Santeda controls a cluster of unlicensed casinos, funneling profits through entities like Upgaming and a group of Georgian businessmen. 

Steuben County, Indiana, could become a lucrative gambling hub, according to a new feasibility study. Positioned near Michigan and Ohio borders, a proposed casino is projected to draw 62% of its revenue from out-of-state patrons, with nearly half coming from Michigan. The report underscores the economic benefits of retaining gaming spend currently flowing to other states. 

Golden Entertainment has secured shareholder approval to privatize the company, signaling a major shift in its corporate structure. The deal, orchestrated by CEO Blake Sartini and affiliates, entails the acquisition of operating assets and a simultaneous sale-leaseback of seven casino properties to VICI Properties Inc. 

Amusnet, an internationally recognized casino solutions provider, has reinforced its Brazilian operations by integrating its slots into the Casino platform of Ana Gaming Group. With over 200 games certified locally, the company is expanding its reach in a regulated environment, offering titles such as Coin Gobbler, Cavemen and Dinosaurs, and Cocktail Dice. The strategic partnership is facilitated through Cactus Gaming, connecting Amusnet to licensed operators while enhancing the player experience.

An investigation has revealed that Swiss-Georgian software provider Upgaming is connected to at least eight unlicensed online casinos, including Velobet, Mystake, and Goldenbet, operating across Europe without valid local permits. Many of these platforms are run by Santeda International under a Curaçao license, which is not recognized in the UK or most European jurisdictions. These unregulated casinos bypass safeguards against gambling addiction and money laundering, targeting vulnerable players—including those enrolled in the UK’s self-exclusion program, Gamstop.

Macau Legend Development Ltd, a former satellite casino operator, reported a more than twofold increase in its annual loss, intensifying concerns about its financial stability. The loss attributable to shareholders reached HKD1.57 billion (Rs.16,030 crore / US$199.9 million) for 2025, up from HKD622.6 million in 2024, driven largely by the discontinuation of its satellite gaming operations. The company reiterated a “going concern” warning, citing net current liabilities of HKD2.70 billion, borrowings of HKD2.40 billion, and limited cash reserves of HKD27.1 million.

Bally’s Corp. has inaugurated a short-term casino at the former Tropicana site in Las Vegas, fulfilling Nevada’s regulatory requirement to maintain active gaming licenses. The temporary setup, housed in a construction trailer on Ocean Drive near Tropicana Avenue, offers 16 slot machines and operates only during daytime hours. This limited operation is not intended as a full-scale casino but ensures Bally’s retains its non-restricted gaming license amid ongoing redevelopment. The former Tropicana, closed in April 2024 and demolished in October 2024, is undergoing extensive reconstruction.

In October 2025, media reports falsely suggested a nationwide ban on online casino gambling in South Africa, sparking confusion and debate across the industry. The controversy originated with Supabet (Portapa Pty Ltd), which introduced a roulette-style game in physical betting shops, allowing fixed-odds wagering on outcomes. The Casino Association of South Africa challenged the offering, arguing it breached licensing laws. The Supreme Court of Appeal clarified that under the Gauteng Gambling Act, casino games and sports betting are legally distinct and require separate licences.

Lotte Tour Development Co Ltd reported a strong rebound in March, with total casino sales rising 24.3% year-on-year to KRW40.40 billion (Rs.2,427 crore / US$26.8 million), reflecting robust demand at its Jeju Dream Tower resort, a foreigner-only property on South Korea’s Jeju Island. Month-on-month, revenues climbed 23.8% from February, signaling consistent growth. Table games dominated, generating KRW38.35 billion, up 24% year-on-year, while machine games contributed KRW2.05 billion, a 30.3% increase. Table-game hold improved to 20.3%, while machine-game hold remained steady at 7.5%.

The Casino retail group is showing promising signs of recovery after a year marked by restructuring-related losses. Consolidated revenue reached €8.26 billion, reflecting a modest 0.5% increase on a comparable basis, though a 2.5% decline on a reported basis due to store closures. Profitability metrics reveal significant improvements: EBITDA surged 77% to €198 million, operating profit (ROC) turned positive at €64 million from a prior loss of €49 million, and free cash flow narrowed substantially from -€639 million to -€120 million.